California Public Employees Retirement System Portfolio holdings
The California Public Employees’ Retirement System (CalPERS), established in 1932 and headquartered in Sacramento, California, is the largest public pension fund in the U.S., managing over $510 billion in assets as of late 2024 to provide retirement and health benefits to more than 2 million state and local government employees, retirees, and their families. Operating as a defined benefit plan, CalPERS invests globally across equities, fixed income, real estate, private equity, and infrastructure, guided by a 13-member board and a commitment to sustainable investing and ESG (environmental, social, governance) principles under Chief Investment Officer Ben Meng since 2024. Known for its influential shareholder activism—pushing for corporate governance reforms—CalPERS serves over 3,000 employers, including state agencies and school districts, balancing long-term funding needs with a $100 billion unfunded liability challenge. As a cornerstone of California’s public sector, it blends financial stewardship with a mission to secure retiree livelihoods.
Top Buys
| 1 |
Verizon
VZ
|
+$165M |
| 2 |
Oracle
ORCL
|
+$139M |
| 3 |
CME Group
CME
|
+$99.7M |
| 4 |
Gilead Sciences
GILD
|
+$94.9M |
| 5 |
Alphabet (Google) Class C
GOOG
|
+$94.2M |
Top Sells
| 1 |
SPDR S&P 500 ETF Trust
SPY
|
+$334M |
| 2 |
RTX Corp
RTX
|
+$289M |
| 3 |
iShares MSCI EAFE ETF
EFA
|
+$201M |
| 4 |
Alphabet (Google) Class A
GOOGL
|
+$192M |
| 5 |
Humana
HUM
|
+$149M |
Sector Composition
| 1 | Technology | 19.65% |
| 2 | Financials | 13.7% |
| 3 | Healthcare | 13.67% |
| 4 | Consumer Discretionary | 9.89% |
| 5 | Consumer Staples | 9.54% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Shares Change % | Capital Flow | |
|---|---|---|---|---|---|---|
1901
Vanda Pharmaceuticals
VNDA
$266M
| $1.2M | ﹤0.01% |
115,676
-74,500
| -39% | -$772K |
|
|
LBAI
1902
DELISTED
Lakeland Bancorp Inc
LBAI
| $1.2M | ﹤0.01% |
110,807
-2,600
| -2% | -$28.1K |
|
|
EBSB
1903
DELISTED
Meridian Bancorp, Inc.
EBSB
| $1.2M | ﹤0.01% |
106,677
-96,971
| -48% | -$1.09M |
|
1904
CryoPort
CYRX
$433M
| $1.2M | ﹤0.01% |
70,061
+12,100
| +21% | +$207K |
|
|
QIWI
1905
DELISTED
QIWI PLC
QIWI
| $1.19M | ﹤0.01% |
111,466
-2,600
| -2% | -$27.9K |
|
1906
MBIA
MBI
$393M
| $1.19M | ﹤0.01% |
166,456
-101,200
| -38% | -$722K |
|
1907
Amphastar Pharmaceuticals
AMPH
$1.3B
| $1.18M | ﹤0.01% |
79,736
-41,966
| -34% | -$623K |
|
1908
Tootsie Roll Industries
TR
$2.92B
| $1.18M | ﹤0.01% |
38,144
+4,299
| +13% | +$133K |
|
1909
WillScot Mobile Mini Holdings
WSC
$4.19B
| $1.18M | ﹤0.01% |
116,687
+5,009
| +4% | +$50.7K |
|
1910
Levi Strauss
LEVI
$8.67B
| $1.18M | ﹤0.01% |
94,727
+3,600
| +4% | +$44.7K |
|
1911
Ingles Markets
IMKTA
$1.32B
| $1.18M | ﹤0.01% |
32,530
+1,360
| +4% | +$49.2K |
|
|
ATNX
1912
DELISTED
Athenex, Inc. Common Stock
ATNX
| $1.18M | ﹤0.01% |
7,597
+35
| +0.5% | +$5.42K |
|
1913
LendingClub
LC
$1.91B
| $1.18M | ﹤0.01% |
149,719
+5,000
| +3% | +$39.2K |
|
1914
Universal Electronics
UEIC
$62.3M
| $1.17M | ﹤0.01% |
30,555
-4,900
| -14% | -$188K |
|
|
TVRD
1915
Tvardi Therapeutics, Inc. Common Stock
TVRD
$318M
| $1.17M | ﹤0.01% |
2,463
-438
| -15% | -$208K |
|
1916
Kforce
KFRC
$567M
| $1.17M | ﹤0.01% |
45,769
-39,710
| -46% | -$1.02M |
|
1917
Great Lakes Dredge & Dock
GLDD
$821M
| $1.17M | ﹤0.01% |
140,678
-16,200
| -10% | -$135K |
|
1918
Collegium Pharmaceutical
COLL
$1.18B
| $1.17M | ﹤0.01% |
71,442
+12,600
| +21% | +$206K |
|
1919
Repay Holdings
RPAY
$507M
| $1.16M | ﹤0.01% |
81,101
+34,500
| +74% | +$495K |
|
1920
The Greenbrier Companies
GBX
$1.42B
| $1.16M | ﹤0.01% |
65,500
-1,700
| -3% | -$30.2K |
|
1921
Federal Agricultural Mortgage
AGM
$2.15B
| $1.16M | ﹤0.01% |
20,866
-12,472
| -37% | -$694K |
|
|
BBBY
1922
DELISTED
Bed Bath & Beyond Inc
BBBY
| $1.16M | ﹤0.01% |
275,713
-35,449
| -11% | -$149K |
|
|
AERI
1923
DELISTED
Aerie Pharmaceuticals, Inc.
AERI
| $1.16M | ﹤0.01% |
86,000
-1,800
| -2% | -$24.3K |
|
1924
Utah Medical Products
UTMD
$200M
| $1.16M | ﹤0.01% |
12,313
-1,580
| -11% | -$149K |
|
|
KNL
1925
DELISTED
Knoll, Inc.
KNL
| $1.16M | ﹤0.01% |
112,134
-6,497
| -5% | -$67K |
|